The Marketplace is required by law (The American Rescue Plan Act of 2021 (ARPA), P.L. 117-2) to issue a Form 1099-K to the IRS for all sellers who complete $5,000 or more in gross sales in a calendar year.
Sellers will be required to submit the appropriate taxpayer information as part of the sale process.
If the information is not appropriately entered, the Marketplace will contact the seller to input the appropriate taxpayer information into the account.
The 1099-K will be filed in January of the following calendar year (for example all sales from 2024 will be reported in January 2025).
What to Expect
1099s will be submitted and you'll receive an email with the subject line "IMPORTANT TAX RETURN DOCUMENT AVAILABLE" from Online Form Retrieval <[email protected]>.
You can ONLY download and retrieve the form from this email through the link provided, you'll be prompted for the last 4 digits of your SSN/TIN to access.
The form will not be downloadable or accessible from our marketplace website.